Economy

Turkey to post $3.9B current account deficit: Survey

Current account gap projections for August range between $1.5B and $4.9B in Anadolu Agency survey

Murat Aslan   | 09.10.2020
Turkey to post $3.9B current account deficit: Survey

ISTANBUL

Turkey's current account balance for August is expected to post a deficit of $3.9 billion, according to an Anadolu Agency survey done Friday. 

The Turkish Central Bank is set next Monday to announce the country's current account balance for August.

The forecasts of a group of 14 economists range between $1.5 billion and $4.9 billion.

The year-end current account balance is forecast to register a gap of $28.6 billion.

Turkey's current account balance in July saw a deficit of $1.8 billion.


*Writing by Gokhan Ergocun

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